Analysts Set Enquest Plc (ENQ) PT at $27.25

Enquest Plc (LON:ENQ) has been assigned a consensus recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 27.25 ($0.37).

Several research analysts have recently issued reports on ENQ shares. Jefferies Group decreased their price objective on shares of Enquest from GBX 30 ($0.41) to GBX 23 ($0.31) and set a “hold” rating for the company in a report on Monday, September 25th. Barclays reiterated an “underweight” rating on shares of Enquest in a report on Friday, December 1st.

Enquest (ENQ) traded up GBX 2.80 ($0.04) during trading on Monday, hitting GBX 40.05 ($0.54). 15,635,353 shares of the stock traded hands, compared to its average volume of 3,650,000. The company has a market capitalization of $470.87 and a PE ratio of 801.00. Enquest has a twelve month low of GBX 22.50 ($0.31) and a twelve month high of GBX 56 ($0.76).

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About Enquest

EnQuest PLC is a United Kingdom-based oil and gas development and production company. The Company’s principal activities are the exploration for, and extraction and production of, hydrocarbons in the United Kingdom Continental Shelf and Malaysia. The Company focuses on maturing assets and undeveloped oil fields.

Analyst Recommendations for Enquest (LON:ENQ)

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